Vinci Partners Investments Ltd. (NASDAQ:VINP) Sees Large Decline in Short Interest

Vinci Partners Investments Ltd. (NASDAQ:VINP - Get Free Report) was the target of a significant drop in short interest in the month of April. As of April 15th, there was short interest totalling 160,400 shares, a drop of 41.2% from the March 31st total of 272,900 shares. Based on an average daily trading volume, of 87,000 shares, the short-interest ratio is currently 1.8 days. Approximately 0.6% of the shares of the company are short sold.

Institutional Trading of Vinci Partners Investments

A number of institutional investors and hedge funds have recently added to or reduced their stakes in VINP. Commonwealth Equity Services LLC bought a new position in Vinci Partners Investments during the fourth quarter worth about $104,000. Public Employees Retirement System of Ohio lifted its position in shares of Vinci Partners Investments by 176.1% during the 4th quarter. Public Employees Retirement System of Ohio now owns 12,426 shares of the company's stock worth $125,000 after buying an additional 7,926 shares during the period. Van ECK Associates Corp boosted its stake in Vinci Partners Investments by 15.2% in the 4th quarter. Van ECK Associates Corp now owns 14,646 shares of the company's stock valued at $147,000 after buying an additional 1,929 shares in the last quarter. Trexquant Investment LP bought a new stake in Vinci Partners Investments in the fourth quarter valued at $233,000. Finally, Northern Trust Corp raised its stake in Vinci Partners Investments by 259.4% during the fourth quarter. Northern Trust Corp now owns 78,269 shares of the company's stock worth $788,000 after acquiring an additional 56,489 shares in the last quarter. Institutional investors own 34.07% of the company's stock.

Analyst Upgrades and Downgrades

Separately, JPMorgan Chase & Co. lowered their price target on Vinci Partners Investments from $15.00 to $13.50 and set an "overweight" rating on the stock in a research note on Tuesday, April 29th.

Vinci Partners Investments Stock Performance

Shares of NASDAQ VINP traded up $0.14 during trading hours on Friday, reaching $9.77. The stock had a trading volume of 25,956 shares, compared to its average volume of 69,706. The company has a market cap of $525.42 million, a price-to-earnings ratio of 15.76 and a beta of 0.08. Vinci Partners Investments has a twelve month low of $8.66 and a twelve month high of $11.62. The business's fifty day moving average is $9.73 and its two-hundred day moving average is $10.04. The company has a debt-to-equity ratio of 0.51, a current ratio of 12.68 and a quick ratio of 12.68.

Vinci Partners Investments Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, March 27th. Stockholders of record on Thursday, March 13th were issued a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 6.14%. The ex-dividend date was Thursday, March 13th. Vinci Partners Investments's payout ratio is 150.00%.

Vinci Partners Investments Company Profile

Vinci Partners Investments Ltd. operates as an asset management firm in Brazil. The company focuses on private markets, liquid strategies, investment products and solutions, and retirement services. It offers private equity, infrastructure, real estate, credit, special situations, equities, hedge funds, and investment products and solutions comprising portfolio and management services.